Monthly Archives: December 2011

Saturday’s Post 12.31.11 – Hartford Auto Insurance Company will join the growing list of auto insurance carriers who offer clients the opportunity to earn breaks on their policy rates through the use of devices that track miles driven, driving speed and other essential data automatically. The beta of a program titled “TrueLane” will be available within the first six months of 2012. This technology will provide a record of driving behaviors, and provides a discount on their auto insurance rates. According to a Hartford Auto Insurance spokesperson, the system will keep track of clients’ driving activities for a specific period of their policy and make them eligible for a discount upon the first renewal of their auto insurance policy based on the information provided by the tracker. The TrueLane tracking device stores driving data and sends that information back via cell towers to The Hartford for storage and analysis. The program is voluntary tracking program offered as an incentive to qualified auto insurance policy holders. The device captures driving information on driving speed, miles logged, braking patterns, turns, rates of acceleration and data about the times when the insured vehicle is being operated.

This technology will likely establish The Hartford among the upper echelon of major insurance carriers – ranks that include State Farm Insurance, Allstate Insurance Company , Travelers Insurance Company and Progressive Auto Insurance Company. These carriers all offer electronic tracking devices to report data from a client’s car back to the auto insurance company. These devices remove many of the uncertainties from offering auto insurance policies by giving insurance carriers the information they need to make underwriting decisions that exceeds the quality of self-reporting, or information on clients available from public sources. In addition; these advancements means Car Insurance Underwriters can effectively look at risk factors and premiums with more accuracy than ever before. This should lead carriers to offer rewards to motorists such as auto coverage discounts for keeping their mileage limited, and adhering to safe driving practices in their everyday vehicle operation.

Thursday’s Post 12.29.11 – Allstate Budget Car Insurance Company has begun proceedings to take back over 6 million dollars from more than eighty organizations in New York, New Jersey and Pennsylvania whom were paid for allegedly fraudulent Auto Insurance claims. The action falls under the State’s RICO statutes. Allstate Insurance Company provides both Car Insurance Quotes and Homeowners Insurance Quotes both on the interent… Continue Reading

Sunday’s Post 12.25.11 – The North Pole – Friday 12/24/11: In a unanimous 8-0 decision which did not surprise any on-lookers in the court’s gallery yesterday morning; Saint Nicholas was found “Not Guilty” of causing two house fires Christmas last year. It was nearly a year ago, 12/25/2010, when Fire Departments in Pittsburgh, Pennsylvania and Trenton, New Jersey were called to put out two living room fires which were mysteriously started and very similar. … Continue Reading

Saturday’s Post 12.24.11 – According to a report from the Texas Department of Public Safety (DPS), the states department of motor vehicle; safety officers have disposed of around 66,000 unsafe commercial vehicles and suspended the commercial drivers license’s of more than 12,000 unsafe commercial drivers since the beginning of 2011. The Director of the Texas… Continue Reading

Friday’s Post 12.23.11 – Since the passage of Obama Care nearly 13 months ago, both private business concerns and state governments all over the United States have been looking for a way out of participating the highly unpopular and costly Health Insurance Program. Although the majority of the program’s provisions have not gone into effect,… Continue Reading

Wednesday’s Post 12/21/11 – According to recent studies, hybrid cars may be much safer for its passengers. On the other hand, because of their weight and reduced noise; pedestrians are unlikely to hear an approaching hybrid increasing chances and severity of serious accidents. From statistics gathered by the Highway Loss Data Institute (HLDI) of Virginia,… Continue Reading

Tuesday’s Post 12.20.11 – On January 1, 2012, Jeff Dailey will become the newest member of the Group Executive Committee of Zürich Financial Services and CEO of Farmers Group, Inc. He will report to Zürich’s CEO, Martin Senn. Although a promotion of this magnitude would mean a move to Zürich’s Headquarters in Europe, Dailey will continue working from his office in Los Angeles, CA where… Continue Reading

Monday’s Blog 12.19.11 – The National Highway Traffic Safety Administration has come up with a new classification system for fatal road accidents involving distracted drivers. This new system will refine data collection and help to distinguish better the number of road accidents whereby the use of Cell Phones and other Communication Devices is directly responsible. Currently, federal agencies use… Continue Reading

Saturday’s Post 12.18.11 – The National Transportation Safety Board is pushing for a ban of cell phones and other electronic gizmos by drivers. This follows a chain reaction major car accident in Missouri last year. The crash left two people dead and several others injured. Although accident was the last straw, other similar cases over the last number of… Continue Reading